BEIJING (Reuters) - China's rubber-stamp parliament, the National People's Congress, on Sunday unexpectedly reappointed Yi Gang, 65, as governor of the People's Bank of China and Liu Kun, 66, as finance minister, despite both men having reached retirement age. | 11:04pm
FOOD PACKS. Volunteers repack relief goods intended for Talibon and Bien Unido towns in Bohol province in this undated photo. The Provincial Capitol on Monday (Dec. 27, 2021) reported that the province has tallied at least 108 individuals who died due to the onslaught of Typhoon Odette on December 16. (Photo courtesy of Gov. Art Yap) CEBU CITY - Reported death toll due to Typhoon Odette in 29 towns of Bohol province has climbed to 108, according to the Provincial Capitol's monitoring report as of Monday. This, as residents in several towns struck by 'Odette' on December 16 received their family food packs from the provincial government, national agencies, and a non-government organization. The report, verified by the Department of Health and local government units, said the towns of Talibon and Ubay tallied 14 deaths each, followed by Loon and Bien Unido with seven fatalities each. The province also registered a total of 12 individuals who are still left unaccounted for and
Senator Christopher Lawrence "Bong" Go. (Contributed photo) CEBU CITY - Tagbilaran City Mayor John Geesnell Yap II on Wednesday cited Senator Christopher Lawrence "Bong" Go's extensive effort to help the poor and victims of calamities amid the pandemic, as he announced support to the latter's presidential bid. Yap also announced the Boholanos' all-out support for the vice presidential bid of Davao City Mayor Sara Duterte. "(Si Senator Bong Go) talaga ang ating kandidato pagka-presidente at ang ating vice president ay si Mayor Sara Duterte. Iyan ang dadalhin natin sa Tagbilaran City. Kung Bohol at Tagbilaran lang ang pag-uusapan, napakalaking tulong ang naibigay ni Senator Bong Go sa ating probinsya. hindi pa nga natatapos ang pag-iikot ng kanyang team sa iba't ibang mga bayan (Senator Bong Go is really our presidential candidate and our vice president is Mayor Sara Duterte. That is what we will bring to Tagbilaran City. If we only talk about Boh
By Reuters Staff
4 Min Read
(Reuters) - Ant Group, the fintech affiliate of Alibaba Group Holding Ltd, is to restructure as a financial holding company, China’s central bank said on Monday.
Ant has formed a “comprehensive and feasible restructuring plan,” at the urging of financial regulators, the People’s Bank of China said.
Last November, regulators halted Ant’s planned $37 billion stock listing, days before it was due to list in what would have been the world’s largest IPO.
KIM FORREST, CHIEF INVESTMENT OFFICER, BOKEH CAPITAL PARTNERS IN PITTSBURGH
“It looks like Jack Ma has gone a long way in repairing his relationship with the financial regulators in China. Ant Financial looks like they are going to file to become a supervised bank. It goes a long way in repairing relationship with China and specifically with Xi.